Decorous Investment & Trading Co Ltd — Important, 15-10-2025: Company Update

Decorous Investment & Trading Co. Ltd.'s current statutory auditors, G.K. Kedia & Co., have withdrawn their consent for reappointment, citing ineligibility due to mandatory auditor rotation rules after a ten-year tenure. The company has promptly initiated the process to appoint new auditors. To address this, the company has announced upcoming board and committee meetings to consider and approve the appointment of new statutory auditors and finalize arrangements for an Extra-Ordinary General Meeting (EoGM) to seek shareholder approval. G.K. Kedia & Co. has confirmed a smooth transition and will cease to act as auditors immediately.